Porsche 2009 Annual Report Download - page 49

Production expanded
In the reporting period, 89,123 vehicles were
produced in the Porsche Zwischenholding GmbH group,
an increase of 16.1 percent in comparison to the
prior-year period. Over the period from 1 August 2009
to 31 July 2010, 32,215 units of the Cayenne left the
Leipzig factory, 1.3 percent fewer vehicles than in the
comparative prior-year period due to the generation
change in the Cayenne model series. 24,494 of the
new Panamera have already been produced. At the
plant in Zuffenhausen, a 27.4 percent reduction in
production of the 911 model series resulted in 20,159
units being produced. Production of the Boxster (in-
cluding the Cayman models) series decreased 14.9
percent to 12,255 units. In Finland, the number of ve-
hicles produced fell by 38.7 percent to 7,518 units.
Here it should be considered that some Boxster mod-
els have been manufactured in Zuffenhausen since
February 2009. The inventories in the Porsche
Zwischenholding GmbH group increased compared to
31 July 2009.
The Volkswagen group produced 3,586,070
vehicles over the period from 1 January to 30 June
2010, after 3,232,180 vehicles in the period from
1 July to 31 December 2009. As of 30 June 2010
inventories at group companies and in the retail or-
ganization around the world were lower than as of
year-end 2009, but above the level recorded on
30 June 2009.
Financial services in demand
Porsche Financial Services offers a compre-
hensive range of financial services to meet all of the
customers’ needs with leasing, financing, Porsche in-
surance services and the Porsche Card.
Porsche financial services companies have
been established in all major markets. With around
31,000 new contracts, the individual companies man-
aged more than 80,000 financial services contracts
throughout the world in the fiscal year 2009/10. In
addition to this, around 13,000 customers took advan-
tage of Porsche’s credit card service. As owners of
the Porsche Card or the Porsche Card S, which comes
with an extended range of services, customers can
take advantage of a multitude of services and personal
benefits tailored specifically to the interests and needs
of Porsche drivers. Personalized insurance protection
is offered by financial services as part of the Porsche
insurance services with the Porsche CarPolicy and the
Porsche CarPolicy S. Both services allow customers
to provide for risks tailored to the value of their vehicle.
This applies equally to third-party liability, fully com-
prehensive and third party, fire and theft insurance.
Porsche insurance services has been working suc-
cessfully for years with HDI-Gerling Firmen- und Privat-
versicherung AG, and enjoys the trust of some 20,000
satisfied Porsche drivers.
The innovative products offered by Volks-
wagen’s financial services along the automotive value
chain met with good response from customers, ena-
bling Volkswagen financial services to make another
positive contribution to the Volkswagen group’s sales
situation.
With its “environment program”, Volkswagen
Leasing GmbH is leading the way in environmentally
compatible fleet management. It offers finance leases
for group models with reduced CO2 emission and, in
cooperation with the Volkswagen group brands, makes
a contribution to Naturschutzbund Deutschland e.V.
(Nature and Biodiversity Conservation Union), which is
used entirely to finance conservation and environ-
mental projects.
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